Let's talk about getting pre-approved before you actually start searching for homes, especially if you're working with a real estate agent. You want to search knowing what your budget is, what you're approved up to, and it helps the real estate agent actually search for the properties in line with your budget. So if you have questions, you want to get pre-approved, I can also do a soft credit check so give me a call and, yeah, have a great weekend.

If you're applying for a mortgage on a condo, there's two parts of the underwriting process you should know about. One's going to be the individual review, so they'll look at your financial documents. Now there'll also be what's called a project review and they're going to take a look at the HOA's financial documents to make sure everything is good. So if you're planning on offering on a condo, I can actually submit these documents to a lender to get a pre-review done before you offer on it and let you know if everything's okay. So feel free to reach out to me and have a great week.

I'm going to go over three things I look at besides credit score when preapproving someone. So I'll take a look at their income, whether they're self-employed or W2 salary. I'm also going to look at their assets, so what they can put down on a property and cover their closing costs. And then number three is a credit review to look at their liabilities to make sure they're good to go. Once I look at everything, I give the preapproval and they can start looking to buy a home. So if you guys have questions, reach out to me. Have a good one.

I wanted to go over the number one benefit of working with a mortgage broker like myself, and that's that we'll only have to do one credit check and I can look at various lenders and their terms. Instead of you having to go to a bunch of lenders and banks and have your credit ran multiple times, I only have to do it once. I can also do a soft credit check and check out your credit and give you the , estimated payments and everything like that. So if you guys have any questions, please feel free to let me know.

Don’t Forget About Closing Costs When Buying a Home.

If you’re planning to buy a home, make sure you budget for closing costs. These can vary depending on where you’re buying, local taxes, and even the day of the month you close.

Some common closing costs include:

• Underwriting or lender fees

• Title insurance

• Recording and tax fees

• Prepaid insurance, taxes, and interest

• Escrow for insurance and taxes (if you’re escrowing)

• Attorney fees, depending on your location

If you have any questions about what to expect, feel free to reach out. Have a great week!

If you're looking for homes right now or your clients are looking for homes right now, I highly suggest you click the link in my bio, fill out the application. Because you may be trying to get an idea of what these monthly payments look like by looking up online mortgage calculators or wherever it may be. But I will get you accurate pricing and let you know what these monthly payments look like from real banks, and also the closing costs. So feel free to reach out to me. If you have questions, let me know. Have a good one.

If you're in the market right now to buy a home and you're getting pre-approved, the lender's going to look at something called your debt-to-income ratio, and this is basically your total debt over your gross income. So they're going to look at your monthly liabilities, like if you have student loan debt, if you have car payments, other installment debts, minimum credit card payments, and also the expected housing payment of the home you're looking to purchase. This will all be accounted for in your total debt, and they'll put that over your gross income to see what you qualify for. So if you have any questions, just feel free to reach out. Have a great week.

So if you're buying a home and you get your loan into processing, you're going to need to get property or home insurance. So this insurance covers any property or loss damages to your home, but you have to look at what's covered under your policy. So if you have any questions, you need help getting connected with a home insurance agent, feel free to reach out to me.

My team and I recently got two files cleared to close, one of them in under nine business days, the other one in under seven business days. How I'm able to do that is by getting everything done upfront. My pre-approvals are golden. I get all the documents, I get everything submitted into underwriting. We get those mortgage commitment letters sent to the attorneys, and we get these filed clear to close on time. Not only are we getting them closed on time, but you can also close earlier if you want to. So please feel free to reach out to me and have a good one.